Cost of Living in Iberia Parish, Louisiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Iberia Parish Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Iberia Parish ranks #1,392 of 3,142 counties for affordability (top 44%)
Sourced county brief
Iberia Parish Rent Burden GRAPI Measured at 30.0 Percent
The official ACS B25071 median gross rent as a percentage of household income (GRAPI) in Iberia Parish was 30.0%. This figure is 2.7 percentage points below the Louisiana unweighted county mean of 32.7%. Median gross rent was estimated at $897 per month, which is $17 below the state unweighted county mean of $914. The median home value in the parish was $164,500, nearly aligning with the state unweighted county mean of $167,369. Median selected monthly owner costs for all owner-occupied units were $733. Renter-household median income was $32,349, while the median income for all households was $56,961. These data represent housing expenditures as reported in the 5-year estimates. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Iberia Parish
Affordability Verdict
ACS B25071 estimates median gross rent at 30.0% of renter household income in Iberia Parish, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $897 per month; median selected monthly owner costs are $733. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $35,880 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Louisiana unweighted mean of county median rents is $914 per month. Iberia Parish's $897 median is 1.9% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Iberia Parish
Rent Burden
18.9%
of gross income
Max Housing (28% Rule)
$1,329
per month
Owner Cost Burden
15.4%
of gross income
You can likely afford the median home in Iberia Parish
Median home value is $164,500. Estimated monthly cost: $1,313 vs. your max of $1,329.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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